June 18, 2019
If we want our Legos to match, attach, and detach, we might have to wait awhile for them to develop the appropriate bio-based plastic.
June 16, 2019
The success of a decision to use Waze, Google Maps, and other mapping apps to avoid traffic can depend on outsmarting the prisoner's dilemma.
June 7, 2019
While the mission of the DC Cat Count is humane treatment of cats, it is also a cat census that provides a basic economic lesson.
April 26, 2019
Totally ignoring their taste, an economist would have a surprising reason that explains why we love our Girl Scout Cookies.
April 25, 2019
When we look at the cost effectiveness of healthcare spending, we could conclude that it is not as excessive as the headlines indicate.
April 24, 2019
April 8, 2019
March 20, 2019
By avoiding repugnant transactions like selling foie gras or human organs, we are eliminating the benefits of the market.
March 13, 2019
Whether we are buying Heinz ketchup from a supermarket or a coupon from a Manhattan parking garage, money and time will shape our shopping behavior.
March 1, 2019
Although boarding planes faster is a goal for the major airlines, they have had limited success because of the tradeoffs they are unwilling to make.
February 20, 2019
Involving safety, airline pilots' decisions during takeoff, flight, and landing reflect cost and benefit tradeoffs that their passengers rarely recognize.
February 7, 2019
Through six simple facts, we can better understand the meaning of Venezuela's hyperinflation and how much it has diminished production.